I'm with jonkey on this one.
It's a whole-of-company takeover play by someone who a) has a significantly lower cost of capital than BBP can obtain themselves b) can resolve the management contract issue with BNB.
Then the question is what $330-340m EBITDA is worth to the acquirer and whether this is more than the current market cap of $40.6m.
- Forums
- ASX - By Stock
- BBP
- can bbp remain solvent?
can bbp remain solvent?, page-4
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online